Donna Property vs Uranium plays
At present we do not have a lot of new drilling information on the Donna, but the 2010 ESO, older historic drillings, Geo-Chem., Trench analysis of gold and the terminology used by mgmt. on their web page (for the Donna) suggest that it could prove out to be a very large ore body. 1600 meters and more..... open in all directions with high gold ananomalies.
We have not been given silver results, or copper, zinc, lead, moly....or any other indicators to date. The value of indicator metals is almost always of greater value than the gold itself.
The ore bodies in this part of BC have for the most part proven out to be of substantial size...that is anywhere from 100M to 300+ million tons. The Kettle River area is a well know historic area for gold, copper and silver, so it would be reasonable to think that the Donna property contains these metals...although for us in unknown amounts.
But suppose the ore body follows the geo-chem and trenching samples and proves out at a modest 100M tonnes and 1 gpt. gold, the reserve would have over 3.2 Million ounces gold....not counting the base metals. Nice bait for a mojor!
This property has the potential to surpass the U properties in value fairly easily with just 1gpt. gold. The U properties still remain excellent, but U is harder to consolidate tonnage than gold and base metals.
So, even though management seems to be in hybernation at present, I can see why they might be very eager to develope this property, and they have stated June as a starting point. Having prospected that area myself in the 1980's I am highly optimistic that ESO is on to a good thing.
Solver's musings